maturity date
The specific day when a bond's loan period ends and the borrower must return the full amount they originally borrowed to you. Think of it like an expiration date on the loan agreement.
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Words beside it
- Ex dividend date
Owners of the stock before this date receive the dividend; buyers on or after it do not.
- maturit date
The specific day when a borrower must pay back the full amount of a loan or bond to the lender. After this date the agreement is finished and you get your money back.
- Maturity
When a bond pays back its face value.
- Target date fund
A fund that holds a stock and bond mix and shifts toward bonds as its year approaches.
- Yield to maturity
The annualized return on a bond bought at today's price and held to maturity, counting coupons and price difference.
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